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UPDATE: NJ Assemblyman and Senator backs Tesla direct sales in state

New Jersey Senator and Assembly member push back against the state banning Tesla from selling.

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Tesla Motors & New Jersey
Model S

Model S

UPDATE: The New Jersey NJ A3096 bill aiming to allow electric car companies to sell directly in the state of New Jersey will be presented tomorrow at the New Jersey State Assembly by the Consumer Affairs Committee, according to Plug In America.

After the sensational spectacle, where the State of New Jersey banned Tesla from selling directly, two politicians are rising to the opportunity of introducing a bill to counter the measure. Solar and electric vehicle advocate (EV) NJ Assemblyman Eustace and Sen. Lesniak are pushing bills to amend the current state law to allow any electric automaker to sell directly, including Tesla Motors.

Oh politics, when you grip us!

Hollywood has serious competition with the dramatic political scene. After a last minute turn around and a hasty decision, NJ denies Tesla from selling directly. But wait, Democratic Assemblyman Timothy Eustace has something to say about it. This true alternative energy and EV aficionado said: “I love the idea that I get to drive past the gas station. We have solar panels on the house, so it’s a full-circle philosophy that you plug it in, the sun gets the power. It’s not coal-fired. I’m really excited about the idea and I try to get other people excited about it too.”

And so, bill A2986 is making its way through the Assembly and looks to amend the current state law in favor for any electric automaker to sell directly to consumers. The only thing an automaker needs to do is be licensed by the New Jersey Motor Vehicle Commission. This gives you an idea where the next battle will happen.

So far, Democratic Sen. Raymond Lesniak, also has a proposal to allow the direct sales of zero emission vehicles, but this won’t likely happen until 2018. According to Lesniak: “I think we need to give electric cars the ability to get a foothold in the market. I think that’s a fair compromise.”

Assemblyman Eustace was quoted saying that both sides of this argument are willing to work out a compromise, which is a good thing for everyone involved. The negative publicity, both the State and the dealership associations have received is starting to backfire.

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As far as Gov. Chris Christie, Sen. Lesniak believes he is open to legislation to allow Tesla to sell directly, and if there is direct support, would approve it.

Two more weeks of direct sales

In the meantime, Tesla Motors has two more weeks of direct sales in the State of New Jersey before being prohibited. So here’s your chance to voice your opinion Garden State. Buy a Model S and say yes to freedom of choice.

On a related note, the NHTSA is closing its investigation on the Model S possible fire hazard, which can only mean good news for the Tesla.

We welcome good news, and anything that furthers electric car education, but we hope New Jersey will take this opportunity to prove the news headlines wrong by allowing everyone in th state to buy where they chose to, including a Tesla Motors store.

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Tesla dispels reports of ‘sales suspension’ in California

“This was a “consumer protection” order about the use of the term “Autopilot” in a case where not one single customer came forward to say there’s a problem.

Sales in California will continue uninterrupted.”

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Credit: Tesla

Tesla has dispelled reports that it is facing a thirty-day sales suspension in California after the state’s Department of Motor Vehicles (DMV) issued a penalty to the company after a judge ruled it “misled consumers about its driver-assistance technology.”

On Tuesday, Bloomberg reported that the California DMV was planning to adopt the penalty but decided to put it on ice for ninety days, giving Tesla an opportunity to “come into compliance.”

Tesla enters interesting situation with Full Self-Driving in California

Tesla responded to the report on Tuesday evening, after it came out, stating that this was a “consumer protection” order that was brought up over its use of the term “Autopilot.”

The company said “not one single customer came forward to say there’s a problem,” yet a judge and the DMV determined it was, so they want to apply the penalty if Tesla doesn’t oblige.

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However, Tesla said that its sales operations in California “will continue uninterrupted.”

It confirmed this in an X post on Tuesday night:

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The report and the decision by the DMV and Judge involved sparked outrage from the Tesla community, who stated that it should do its best to get out of California.

One X post said California “didn’t deserve” what Tesla had done for it in terms of employment, engineering, and innovation.

Tesla has used Autopilot and Full Self-Driving for years, but it did add the term “(Supervised)” to the end of the FSD suite earlier this year, potentially aiming to protect itself from instances like this one.

This is the first primary dispute over the terminology of Full Self-Driving, but it has undergone some scrutiny at the federal level, as some government officials have claimed the suite has “deceptive” naming. Previous Transportation Secretary Pete Buttigieg was vocally critical of the use of the name “Full Self-Driving,” as well as “Autopilot.”

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New EV tax credit rule could impact many EV buyers

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date. However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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tesla showroom
Credit: Tesla

Tesla owners could be impacted by a new EV tax credit rule, which seems to be a new hoop to jump through for those who benefited from the “extension,” which allowed orderers to take delivery after the loss of the $7,500 discount.

After the Trump Administration initiated the phase-out of the $7,500 EV tax credit, many were happy to see the rules had been changed slightly, as deliveries could occur after the September 30 cutoff as long as orders were placed before the end of that month.

However, there appears to be a new threshold that EV buyers will have to go through, and it will impact their ability to get the credit, at least at the Point of Sale, for now.

Delivery must be completed by the end of the year, and buyers must take possession of the car by December 31, 2025, or they will lose the tax credit. The U.S. government will be closing the tax credit portal, which allows people to claim the credit at the Point of Sale.

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date.

However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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If not, the order can still go through, but the buyer will not be able to claim the tax credit, meaning they will pay full price for the vehicle.

This puts some buyers in a strange limbo, especially if they placed an order for the Model Y Performance. Some deliveries have already taken place, and some are scheduled before the end of the month, but many others are not expecting deliveries until January.

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Elon Musk takes latest barb at Bill Gates over Tesla short position

Bill Gates placed a massive short bet against Tesla of ~1% of our total shares, which might have cost him over $10B by now

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Elon Musk took his latest barb at former Microsoft CEO Bill Gates over his short position against the company, which the two have had some tensions over for a number of years.

Gates admitted to Musk several years ago through a text message that he still held a short position against his sustainable car and energy company. Ironically, Gates had contacted Musk to explore philanthropic opportunities.

Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’

Musk said he could not take the request seriously, especially as Gates was hoping to make money on the downfall of the one company taking EVs seriously.

The Tesla frontman has continued to take shots at Gates over the years from time to time, but the latest comment came as Musk’s net worth swelled to over $600 billion. He became the first person ever to reach that threshold earlier this week, when Tesla shares increased due to Robotaxi testing without any occupants.

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Musk refreshed everyone’s memory with the recent post, stating that if Gates still has his short position against Tesla, he would have lost over $10 billion by now:

Just a month ago, in mid-November, Musk issued his final warning to Gates over the short position, speculating whether the former Microsoft frontman had still held the bet against Tesla.

“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said. This came in response to The Gates Foundation dumping 65 percent of its Microsoft position.

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Tesla CEO Elon Musk sends final warning to Bill Gates over short position

Musk’s involvement in the U.S. government also drew criticism from Gates, as he said that the reductions proposed by DOGE against U.S.A.I.D. were “stunning” and could cause “millions of additional deaths of kids.”

“Gates is a huge liar,” Musk responded.

It is not known whether Gates still holds his Tesla short position.

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